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Dec 3, 2012
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the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited
the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their...
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politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal served want to wars but in fact it misleads people into thinking that once you run out of water whatever that means you then automatically reach for a kalashnikov and go to war waters we have seen over the past forty years at least if not more is that when people run out of water that is they haven't got enough water to raise the food that they need at home they're not no longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics a country all the twenty countries of the middle east and many other countries in the world and all the countries in europe
politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal...
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to consume sensibly not throw food away choose the right foods to be healthy and to keep your environment healthy make sure that the corporations in the middle of that food supply chain are also doing responsible things around twenty i don't laterally anytime soon don if i go to you people you love the term peak oil but there's also the term peak water does not mean anything to you and what should it mean to others. did you say peak oil or people water. i haven't heard the term before could you explain no no no that's not a thing i'm asking you if it means anything to you because i can because i can talk about it and tony go ahead jump in yeah which is following on the idea of people over there seems if you look at the numbers on oil and gas that's we've reached a point where on about an hour in the case of gas a little bit in the future where the next and the amount of gas. being mobilized after that the volumes that could be mobilized will get less and if we've got the demand for those products those energy projects which got us for the peak level then if the variability is going down t
to consume sensibly not throw food away choose the right foods to be healthy and to keep your environment healthy make sure that the corporations in the middle of that food supply chain are also doing responsible things around twenty i don't laterally anytime soon don if i go to you people you love the term peak oil but there's also the term peak water does not mean anything to you and what should it mean to others. did you say peak oil or people water. i haven't heard the term before could you...
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it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and i welcome to the sport roundup with me take on trade and here's a taste of what's to come. for a horse race and t.v. has got to be a joint top but it's anita just three points behind with one going to go before the winter break in the russian ukrainian rain. while how tricare alex on the other hand next to his first paying child travel house champion said i must say top of the table. and holding court to russians i feel he reached the top six. end of the year i need to take a bath or accounts so i'm helping hamburg and i still like us. but first the russian premier league and ga have gone joint with tesco after just sitting side by ten on opponents in a crunch top two battle because of them but out of reports. a goal is first half and it would says kazakhstan that sound is seeing us for what was arguably a soft second looking energy took
it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. and i welcome to the sport roundup with me take on trade and here's a taste of what's to come. for a horse race and t.v. has got to be a joint top but it's anita just three points behind with one going to go before the winter break in the russian...
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Dec 3, 2012
12/12
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in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. the overall softness in the european market and with japan in recession, we think we'll see likely more incentives from manufacture are ers for customer the coming months because they have capacity they're not using for those other market. so they will be targeting this u.s. market and the consumer is in a pretty good mood. part of that we believe is the stabilization of home prices which is the basic net egg for most middle class americans. >> it would seem whatever's going on where you are in washington not having an impact. why do you think that is?
in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from...
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Dec 3, 2012
12/12
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i think next year you'll be in a low growth environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there. >> any much those numbers we would take. i don't know whether we are or not. wishful thinking for cantor. certainly would help you guys. why didn't you like fighting irish? >> they were on tv every week when i was a child and i'd like to see alabama win. >> alabama won last year. >> that's okay. all right. thank you. see you later. >>> in fact in some of the squawk sports news this morning, dallas beating philadelphia in sunday night nfl game. 38-33. tony romo threw three touchdown passes to break troy aikman's career franchise record. and the jets beat the cardinals 7-6. new york scoring the lone tou
i think next year you'll be in a low growth environment again and really if you look at the economy, we're probably going back to the '90 style economy where you had 3%, 3.5% was really good growth. 2% growth which we're experiencing right now is pretty good. full employment might be 5.5, 6% like the old days. and i think with that being said, we've got to to get a little bit closer to those numbers to really have the economy start to take off. and i don't think we're that far in there....